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Amazon eyes Carrefour acquisition

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Re: Amazon eyes Carrefour acquisition

#61
post #4

> "Cheuvreux analysts as saying that dispite these rumours, they still feel a collaboration with Google would be more probable for Carrefour than an acquisition by Amazon." I wonder why they think that? What could collaboration with Google bring?

Carrefour brings retail merchant-experience, Google brings experience in software. Retail merchant-experience + software experience = Amazon.

Re: Amazon eyes Carrefour acquisition

#62
post #59

Earlier quoted context omitted.

The thing that really worries me, as a EU citizen (Italian), is Amazon cheating on taxes through Luxembourg. If we continue this way, Luxembourg and Ireland will end up stealing all corporate taxes from all of the rest of the EU. EDIT: I thought it was Ireland, in this case it was Luxembourg.

Are they cheating, or are they using the EU as it is intended to be? I mean sure, they may not be paying any taxes though Ireland doesn't seem to get much of them either.. perhaps its time to change the EU somehow, to prevent this?

They are cheating legally (as opposed to Apple). Yes we should change this, problem is that Ireland and Luxembourg will oppose any changes as they make loads of money from this system.

PS I fixed my comment, I thought it was Ireland but in this case it was Luxembourg.

Re: Amazon eyes Carrefour acquisition

#63
post #36
post #23

Earlier quoted context omitted.

Might be for the way American do groceries, and usually in Europe people are way more attracted by local, smaller scale stores and buy food almost exclusively day by day. So no, something like Costco where you can buy everything at 10x the scale to save some bucks might not be as appealing for the european market, which is more into local, healthy alternatives, despite being more expensive. source: I lived half my li…

I really love and prefer the way grocery shopping is done in Europe, but it's fairly contingent on the ubiquity of those small grocers. In the US, a much larger / lower population density country, physically getting to a grocery on a daily basis isn't practical. I don't see this as being about "healthier alternatives" or "saving a few bucks." I can't do European-style grocery shopping in the US /despite/ my preferenc…

You can do it, you just need to live in a city. If you need to drive 15 minutes each way to get to the grocery store, then doing that every day is a huge waste of time.

Re: Amazon eyes Carrefour acquisition

#64
post #55

Earlier quoted context omitted.

Yup, but the german groceries market is about the fiercest on the planet, price is king and the populace isn't easily wooed by additional service if it comes at a premium. Walmart couldn't compete with neither Aldi nor Rewe or anything in between.

There's an Aldi literally right next door to a Walmart about 5 minutes from me in the US. Anecdotally, there never seem to many cars in the Aldi parking lot while Walmart is usually pretty busy. Personally, I stuck my nose in the Aldi once and pretty much decided after a couple of minutes there wasn't anything in there I'd go to a separate store to buy.

That's the point, consumer attitude is completely different in Germany than in the US. Saving 5€-10€ in aggregate is worth it to a lot of Germans.

Re: Amazon eyes Carrefour acquisition

#66
post #9
post #5

Earlier quoted context omitted.

Unfortunately, as a mere customers, it's not up to you or me.

It's not up to you where to shop?

It's not up to you to decide if a big corporation buys another big corporation.

It's also unlikely that a noticeable amount of customers will care, as people generally don't shop groceries based on which corporation owns what.

Re: Amazon eyes Carrefour acquisition

#67
post #36
post #23

Earlier quoted context omitted.

Might be for the way American do groceries, and usually in Europe people are way more attracted by local, smaller scale stores and buy food almost exclusively day by day. So no, something like Costco where you can buy everything at 10x the scale to save some bucks might not be as appealing for the european market, which is more into local, healthy alternatives, despite being more expensive. source: I lived half my li…

I really love and prefer the way grocery shopping is done in Europe, but it's fairly contingent on the ubiquity of those small grocers. In the US, a much larger / lower population density country, physically getting to a grocery on a daily basis isn't practical. I don't see this as being about "healthier alternatives" or "saving a few bucks." I can't do European-style grocery shopping in the US /despite/ my preferenc…

True. I wanted to say that it's bc europe is more populated in cities vs us, but didn't have anything back it up and wasn't sure it was true - but yeah, it's mostly because of city living, smaller grocers and smaller places with smaller room to store stuff :)

Re: Amazon eyes Carrefour acquisition

#68
post #12

Why would I, as a European, want to buy my groceries from an American company? It's not like the big shopping malls like Walmart or Costco are so appealing. Surely we can manage a suitable groceries network on our own.

Your comment points to the fact that the globalisation project we've embarked on for close to 70 years is either sick or dying... What does it matter if the company still employs Europeans and supports local economies?

You can employ local workers and stimulate the local economy - the owners of capital still extract profits and take them back home. All else being equal, a locally-owned business is better for the local economy than a foreign-owned business - which is not to say that foreign investment is a bad thing when it brings in more capital.
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